The world trend for penetration of intermediaries in the fitness industry is also in force for Bulgaria. Unlike developed markets where their penetration does not exceed 5%, in Bulgaria within 3 years they have captured 90% of the market. This could lead to bankruptcies of small fitness halls, says Petar Angelov, chairman of the Bulgarian Association for Health and Fitness. According to him, pricing was dictated by intermediaries, as their strategy was squeezing out profits of operators and buying out entire businesses, which created the opportunity for monopolization of the market. There are two main intermediaries on the Bulgarian market - Benefit Systems with their Multisport Card and Sodexo with Sport Pass Card.
The former honorary leader of the Movement for Rights and Freedoms (DPS), Ahmed Dogan, who founded the movement in 1990, and the people around him are no longer part of the DPS. This was what the chairman of the DPS parliamentary..
The US is investing $240,000 in the ReBonkers Cultural Center in Varna through the Ambassadors Fund for Cultural Preservation (AFCP), the US Embassy in Sofia reported. Varna is the largest beneficiary of an AFCP project in Europe this..
The 78th Plovdiv International Technical Fair was opened in Bulgaria’s second largest city. 231 companies - direct producers and sales representatives from 25 countries, are participating in the forum, which will last until September..
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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